Transaction Monitoring for Compliance Teams
7 Modules
The training consists of 7 modules, including videos, reading materials and tests.
2 Hours 6 Minutes
The training is 2 Hours 6 Minutes in total. You can learn at your own pace
Certificate
Complete the training successfully to get a certificate
$49.99
Who this training is for
Who it’s for
Compliance analysts, AML officers, escalation teams, case reviewers, and employees responsible for transaction monitoring or AML/ATF alert review.
Requirements
Basic understanding of AML/ATF concepts is recommended. Learners should be familiar with customer due diligence, transaction records, and internal compliance procedures.
What you’ll learn
Review transaction monitoring alerts
Compare activity against customer profiles
Identify red flags
Collect supporting evidence
Document missing information
Syllabus
This training provides compliance teams with a practical overview of transaction monitoring and alert review. Learners are guided through the full review process, starting with why alerts matter and how to assess customer activity against expected behaviour. The training covers common red flags and typologies, evidence collection, case building, escalation decisions, STR/LPEPR referral consideration, and documentation standards. By the end, learners should understand how to use facts, context, indicators, and supporting evidence to make clear, consistent, and defensible AML/ATF decisions.
Purpose of Transaction Monitoring
Module 1 9 minutes to complete
What transaction monitoring is
Reading 2 mins
Why alerts matter
Reading 2 mins
Analyst responsibility
Reading 2 mins
Understanding Alerts and Customer Context
Module 2 9 minutes to complete
Read the alert properly
Reading 2 mins
Compare activity against customer profile
Reading 2 mins
Identify what is missing
Reading 2 mins
Key Red Flags and Typologies
Module 3 9 minutes to complete
Behavioural red flags
Reading 2 mins
Counterparty and geography red flags
Reading 2 mins
Product-specific red flags
Reading 2 mins
Evidence Collection and Case Building
Module 4 10 minutes to complete
Collect transaction evidence
Reading 2 mins
Collect customer and external evidence
Reading 3 mins
Separate facts, context, and indicators
Reading 2 mins
Decision-Making: Close, Escalate, or Refer for STR/LPEPR Consideration
Module 5 9 minutes to complete
Decision option 1: Close the alert
Reading 2 mins
Decision option 2: Escalate the case
Reading 2 mins
Decision option 3: STR/LPEPR consideration
Reading 2 mins
Quality Review and Documentation Standards
Module 6 9 minutes to complete
Write clear investigation notes
Reading 2 mins
Avoid weak language
Reading 2 mins
Final quality checklist
Reading 2 mins
Practical Case Study – Casino Cash Activity
Module 7 45 minutes to complete
Case Background
Watching 30 mins,Reading 3 mins
Red Flags and Missing Evidence
Reading 4 mins
Decision and Documentation
Reading 4 mins
